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English 97
Search Results 0 to 49 of about 97 (some duplicates have been removed)
CNBC
Mar 15, 2013 1:00pm EDT
with the debt ceiling. it with was a solution which nobody thought would go into place as a way of raising the debt ceiling so we could take that risk off of the table. i think that one of the reasons why you are seeing the markets doing so well recently is because that tail risk has receded. it is important that congress raise the debt ceiling without drama when we reach that point again this summer. on the other hand, the president has tried as hard as he can to get congress to agree to a balanced approach to the fiscal problems and balanced approach that closes tax loopholes that smartly cut spending, and addressing the health care and entitlement problems, because that is the source of the deficit problems. i remember before christmas, we were negotiating with the congress, and speaker boehner tried plan b, and unfortunately, we could have addressed our problem problems at that point. >> right, rig. >> and now it looks like the se quester is going to be a slow grind on the economy. >> now back to the economic report which is weighty, but it is interesting nuggets for our viewers in her
FOX News
Mar 10, 2013 6:00pm PDT
is rolling again. >> they don't want to see you blame again. >> i worries about the debt ceiling which the government will hit in mid february. brown wants to hold the line but he fears they will cave. >> john by another is boehner ia great speaker but he is too nice of a guy. >> is that what this is going to be a bare knuckle brawl? >> no question, it already is. he warns them don't test him on the debt ceiling. >> i am not going to have a mt.ly conversation on whether or not we pay our bills. >> behind closed doors a cadre of leaders to spend the $14.4 trillion debt limit. they passed a law that would dock leaders pay. they haven't done that in nearly four years. giving barack obama a blank check is just in vein as far as i am concerned. >> the only people are that are pleased are the ones at the white house. >> this is a welcome of it still becoming law. >> our representatives are playing political paintballir. i think they want to stay in their jobs. >> january 29th broz weoswell, georgia. congressman price has breakfast with skeptical business leaders from their district. >> they
KICU
Mar 11, 2013 4:00am PDT
sequestration, the debt ceiling, taxes. some of that uncertainty has been taken off the table. is that having a broader impact in the economy? > >absolutely. 100 percent. the election's over. taxes are set and we've raised them. remember we were making tax policy in six month increments. so we have good news there. sequestration is over. the world didn't end. so all of these things are affirming a positive economic cycle. we have some more things to go through though. we've got the continuing resolution to finish the budget at the end of this month and then we have to get through the debt ceiling at the end of next month. but there seems to be some cooperation in washington and really that's what's been killing us lately. if there's progress there you should see it in the economy. > >what typically happens in springtime? things warm up, the economy starts adjusting accordingly. do you look forward to something happening that might tweak the numbers even more? > > so in springtime what you get is people traveling around more, you get more shopping because the weather is better and you get cons
PBS
Mar 8, 2013 8:00pm PST
shutdown. the possibility of a debt ceiling later on. we work our way through those sorts of things. the story looks pretty positive for the economy. gwen: there are people their entire argument was spread cate on other side of the aisle on the idea that this was or was not going to be a big deal, the sequester, the word i hate to use. what was their reaction on capitol hill? >> there's a reality that this is sort of here to stay until they find some longer term alternative. one thing they tried to do this week is pass a spending bill to hopefully head off a government shutdown but that would give the pentagon some more things to implement these cuts. i do think that one thing to look for and one thing is that a lot of people said it's not going to be immediate. there was a build-up by the obama administration to say that this deadline march 1, but these furloughs have to be given at least 30 days notice. a lot of pentagon employees have to have a 60-day notice. it's going to be mid april and beyond. that's when we will start to see job losses, long lines at airports. that's when yo
MSNBC
Mar 8, 2013 7:00pm PST
scarborough are. there are hints that republicans may want to repeat the awesome debt ceiling horrible disaster of 2011. wall street headline was boehner continues to link that debt ceiling to cuts. house speaker boehner on thursday said he would continue to insist the next debt ceiling cuts be matched by the spending cuts, raised by the prospect. there is something to look forward to. what happened to the economy when we had a high stakes showdown? we've seen this movie before. this chart is all you need to know. that red circle right there, that is the big dip in new jobs added to the economy in may, june, july and august, where the united states was seriously talking about defaulting on the debt. we basically cut our job creation in half for that period. it was unprecedented. unnecessary, completely damaging economic sabotage. and washington keeps coming up with new and unusual ways to scare the economy, to take money and confidence out of the economy, none more twisted than taking the nation's credit rating and credit worthyness hostage. but washington, there is a way to stop doing
CSPAN
Mar 9, 2013 8:15pm EST
and the negotiations last year, they agreed to raise what they called the debt ceiling so the government could our 08 couple more chilean dollars. we are going to run out of that in january or february of next year so they are going to have to go back and get congress to authorize more chilean's of dollars of borrowing. as you know the republicans and people in congress don't want to so there's going to be a bloody negotiation unless they can work a deal. so in a sense this is the book about the past that but it's about the present. it's about where we are going and kind of what the country's future is. if you think about it, i would argue that the inability of the government to fix this or a wing death/deficit issue is the number one problem facing the country. in the book, vice president biden's chief of staff says it was an economic cuban missile crisis in 2011 and there is so much evidence that it's the biggest threat to the future of the country. something that has to be fixed. we are on the path to becoming europe and greece. you just can't keep our wing money. there is a spending addiction in
CSPAN
Mar 15, 2013 7:00am EDT
. and growing.on and the debt ceiling had been set a certain level. now they have uncapped it until may 16. the government can continue to burn as much debt as they need to finance the government through may, and that a couple more months, as they use a murder to measures at the treasury department, but we will close -- we will be close to $7 trillion by the end of the year. host: you can contact us here or send usc-span.org a tweet to twitter.com/cspanwj. the house has passed a budget resolution through the committee, no problem. then it will go to the senate floor, their budget resolution. both of these things will be happening next week. i think there will be more interest on the house side. the republican caucus in the house is a little less predictable, let's put it that way, than the senate democratic groups. if they can keep this budget resolution and get it through the house floor, then we can begin the process where the senate democrats and house republicans meet in conference and try to iron out the differences. that will be difficult but the process that needs to take place if t
CNN
Mar 16, 2013 10:00am PDT
th, we're set to hit the debt ceiling. some say that's going to be the real showdown. annie lowry is the economic policy reporter with "the new york times." nancy cook is the economic and fiscal correspondent for the "national journal." annie, both sides put budgets out. everybody knows neither one is going anywhere. what happens next? >> eventually we'll go through the same sort of continuing resolution process you've seen in the last couple years. the budgets are political documents. they'll probably both pass their respective houses but there's almost no way to bridge the gap between them and they're very vague documents. again, these are kind of political postures. we'll go through the same sort of slow process of appropriating money through continuing resolution that we've last the last couple years. >> the budgetary process, central to what the government is supposed to do, not supposed to be a political process, sure, the government's priorities but it's technical where everybody tries to come together and hammer it out. when people say things -- nancy, they say this a lot,
CSPAN
Mar 10, 2013 10:00am EDT
that we will hold that seat. >> i want to look ahead a little bit to the debt ceiling. the summer of 2011 was a pivotal moment. it seemed like the country could potentially d. fox. the republicans and democrats were locked in a lot of negotiations. they have not resolved a lot of these issues. do you see the debt ceiling this summer and the fight game just as contentious as the was 2 years of the? >> it depends what we do or the next couple of months. we really need to buckle down and see if we can avoid going from crisis to crisis. we really need to do that. we will see. as i listen to paul ryan this morning, i am concerned. i think the republicans need to understand that there was an election. a lot of their proposals were part of this election. i think the public said something that was meaningful. i hope everybody will listen. >> we say thanks to our guests on newsmakers this morning. thank you for your time. >> it is my pleasure as always. i love to come here. i will not say how many of these cuts i have. -- cups i have. sometime at the ice cream in there when i'm not supposed to. >>
PBS
Mar 16, 2013 12:00am PDT
because of the negotiations over the debt ceiling. the administration wanted to clean increase in the debt ceiling. when we were facing a potential disaster because of reluctance on the part of congress to raise the debt ceiling. we saw a solution which we hope would not be put in place. no one expected it to be put in place. the idea was to have a commitment mechanism we wouldn't need to force us to make better policy decisions on the sequester. and in the negotiations, what i was referring to was the fiscal cliff negotiations at the end of last year, where the matters were very close. the president did not ask for more revenue in those negotiations. he actually asked for less. he had 1.6 trillion in his budget, came down to 1.2 trillion. i will point out charlie the president has done unusual he's kept his last offer on the table. he didn't retreat and say no i want to go back to that original figure. he kept some very difficult offers on the table to reach a bargain, including entitlement reforms. and so the president has been looking for a balanced way to do this. and in some sense it'
CSPAN
Mar 13, 2013 6:00am EDT
to raise the debt ceiling will generate another discussion about solving the real problem. the only way to help america is to fix entitlement issue. nothing else will get the job done. we are hopeful that he will be willing to step up with us and solve that problem. we are ready to talk about that. outreach is a good thing. i'm all for it. i have recommended to him that he had the rest of our members down in small dinners. reports were that it was a candid and fruitful discussion. i think having more of that rather than less of that is a good idea. thank you. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] >> the house budget committee will markup paul ryan's 2014 budget proposal at 10:30 a.m. eastern on c-span three. president obama returns to capitol hill to meet with house republicans today and with senate republicans on thursday. friday, mr. obama travels to the argonne national laboratory near chicago. it is one of the energy department's largest laboratories for research staff by more than 1000 scientists and enginee
FOX Business
Mar 10, 2013 1:00am EST
-- >> don't you have to be ma masculine to be emasculated? >> and the debt ceiling debates and all that, definitely impacts from the government shenanigans going on and i want to highlight, it's not that the government shouldn't spend in more money than they take in during a recession, it's when you're outside of recession and more or less headed to the balanced budget. that's what the market wants to see, we can do that and not have another recession. otherwise you're japan, perpetually spend more than you take it. this is a good leg to stand on. if the cuts kicked in a year ago or year before, i think the market would have tanked. this year, people are spending and-- >> now, toby, let's take a look at where we're headed because we talk a lot about new record highs, but you know, back five years ago, we were about at the same place and kind of back to the future. i mean, we haven't gone. >> yeah, brenda, i mean, this idea that we've hit this all-time high and people should feel really good, right? why don't they feel so good? well, you know the people who own stock is a relatively smal
NBC
Mar 11, 2013 12:00am PDT
a fiddle in that year's debt ceiling fight, boil down a long conversation. listen to ford aasking johnson to even discuss the issue. >> can i talk to you about another matter? >> yes, sir, anything want to, any time. as a matter of fact i recept a little bit you don't call me. >> we have debt limitation up tomorrow. >> you know what, i'm a good country girl. i can feel it when you do it to me. i have been doing it to you all, all these years. i know what you dorks run my deficit up past eisenhower. >> oh, goodness. chris: and more great stuff here in the johnson tapes. gridiron weekend in washington, of course. that's a peg for this johnson excerpt we found. listen to the president johnson, already pulled down in the vietnam war. refuses to go to the gridiron dinner that year, completely rejected a pitch from the gridiron club president. >> at dinner, we will have, pardon the expression, kennedy and reagan. against that background it seems to me that there's an opportunity for you -- it's an opportunity to set the great dignity of the presidency against these two upstarts. i think it migh
PBS
Mar 12, 2013 12:00am PDT
to unemployment in the second. for those who think that issues like the debt ceiling and sequestration are phantom issues, a phantom issues masquerading as a conversation about austerity, you say what? >> i say those are -- they are crazy, right? this is no way to run any country, certainly not the greatest nation on earth. that we are -- we have a party that basically lost an election, there was a referendum on what kind of policies we are going to have. what are we going to do about the social safety net, taxes on the wealthy? they lost but partly because of the quirks of our districting system, they still retain half of one piece of the government. they are using that to threaten the united states with one crisis after another. it is pure hostage-taking. and this is no way to live. there is no economic reason to be having a sequestered. there is no economic reason to have a series of debt crises. this is all about truly unacceptable political behavior. tavis: even on the side of the election season, the campaign season, one of the things i hate about washington these days as well you -- as you
CNN
Mar 9, 2013 3:00pm PST
early july, august, before the nation's debt ceiling has to be raised. that is an informal deadline, if you will, looks like the government won't have to shut down. they don't necessarily have to worry about it. all of a sudden, senator rand paul of kentucky, emerging as a star because of the old fashioned filibuster. >> it was remarkable, the fact he was on the floor for almost 13 hours, he didn't sit down, he wouldn't, took a nature call, that ended the filibuster after midnight. there were so many different ripple effects from this. one is, i know you talked to some democrats that he was getting praise from liberals. it really showed how strange d bedfellows are when you look at the civil liberties and the need to be aggressive. he got one democrat to go on the floor with him. but really got praise from the a-type democrats sticking up for him. on his own side, he was beaten up by the wall street editorial page, and of course, john mccain, lindsey graham, more hawkish republicans who say he did a disservice to the country by questioning the idea of using what they call necessar
CNBC
Mar 13, 2013 5:00am EDT
starting at the end of march. we get to debt ceiling during the summertime and republicans won't raise the death ceiling unless we have cuts and democrats will revolt at that. i don't think that will happen. i think they'll find some way to raise it for another year or so in a way that's not terribly damaging to the economy because while republicans don't want tax increases, they also know they got decimated the last time we had a debt ceiling crisis and didn't look good coming out of the fiscal cliff and they nevada look good coming out of budget fights. it's not worst case scenario to kick the can down the road. that's what we'll do. >> you can look at this and shake your head at where we have come to without this normal budget making process, whatever normal used to be. markets continue to be at multiyear highs. we're not necessarily getting any cuts that are significant enough to derail growth in the long-term but at the same time we're not getting reform to encourage people about the budget and a balanced budget longer term but the market doesn't really seem to care completely sha
FOX Business
Mar 11, 2013 7:00pm EDT
. >> the only reason they're doing this one as a part of a deal to extend the debt ceiling into this summer republicans said you pass a budget, we keep passing them, you pass a budget we don't get paid enough senators are not multimillionaires that pose a credible threat and so they're going to have to do it, but you can certainly understand why they wouldn't want to because it is a costly undertaking. lori: what do yo you think of ts second budget for paul ryan aiming to balance the budget now 10 years versus the first attempt which looks to balance the budget in 30 years. critics said that wasn't conservative enough. >> i think paul ryan is great in his budget are serious and well focused and very good budgeting. i was the first chief economist when it was formed, and paul ryan i can tell you and assure you reading those numbers inside-out, backward and forward and it is a good budget. will it pass? no. will it set the table for what republicans want to do after the election in 2014? i think so. this is the type of challenge, the club on the ground that is being thrown to the democrats an
MSNBC
Mar 12, 2013 1:00am PDT
in congress over the debt ceiling the one thing they wanted and something they have wanted for years now, the one thing they demanded is for senate democrats to give them a budget. now something important to note here. white house has been hanged out a detailed budget year after year after year. there is not a year they have missed. republicans, every single year, republicans in congress hate it and they oppose it and say it raises too much in taxes and doesn't cut spending enough but it's there. house democrats have also put forward budgets but that is not enough. republicans in the house say the senate democrats, the senate democrats are the folks who need to give them a budget. for some reason, republicans have become really fixated on this idea. senate democrats must produce a budget. it is always winning. house speaker john boehner is so excited about the prospect of the budget that is coming now from the senate democrats, he thinks the moment this happens people will see how much more popular republican policy is. mr. boehner tweeted this morning americans want spending cuts, quote
CSPAN
Mar 15, 2013 11:00pm EDT
. the biggest question right now is the debt ceiling in july and august could be the next powder came. both sides seem to be shying away from a showdown over funding the government. they don't want to risk a government shutdown because both sides can blow up in their faces. that's probably a safe die. >> host: to join on c-span radio, which is her coast-to-coast, our guess is damian paletta covers the budget and economic policy issues for "the wall street journal" is joining us from clinton, maryland. our life for democrats, good morning. >> host: can you hear me okay? >> guest: if you turn the volume down, we'll hear you much better. >> caller: nobody's talking about jobs. we need to focus more on jobs and cutting the budget. our going to get out of the situation is people are paying taxes. so we are worried about cutting back and we need to go forward with jobs. with the sturdy programs, they're going in the hole. we don't want to do that. we want to move forward. we have an election and the people said they wanted to go with the democratic plan to rescue our economy. we're still fighting
CNBC
Mar 11, 2013 12:00pm EDT
. but we would have never expected that the debt ceiling debate, sequester and continuing resolution would all pass without an agreement and that basically the direction of the government spending, the deficit and even the rate of change of increase in the debt would start to stabilize a bit. and that is a different dynamic than we had in each of the last four years -- three years. so that probably implies that it has to be the growth numbers that caused the correction. >> let's have a healthy debate about this. joe terranova has something for you. >> barry, i'm a little bit confused in terms of growth expectations. is the risk not to the upside when we look at gdp, given what we've seen in some of the economic data this march, whether it be friday's labor report or even looking at the ism, nonmanufacturing, and manufacturing? >> there's two dynamics going on. what we thought -- the way we thought things would unfold this year is because we expected public policy uncertainty to fall and because capital spending was as weak as it was, anytime in the last 25 years by the third quarter of las
CSPAN
Mar 10, 2013 6:30pm EDT
that seat. >> i want to look ahead a little bit to the debt ceiling. the summer of 2011 was a pivotal moment. it seemed like the country could potentially deduct. the republicans and democrats were locked in a lot of negotiations. they have not resolved a lot of these issues. do you see the debt ceiling this summer and the fight game just as contentious as it was 2 years ago? >> it depends what we do or the next couple of months. we really need to buckle down and see if we can avoid going from crisis to crisis. we really need to do that. we will see. as i listen to paul ryan this morning, i am concerned. i think the republicans need to understand that there was an election. a lot of their proposals were part of this election. i think the public said something that was meaningful. i hope everybody will listen. >> we say thanks to our guests on newsmakers this morning. thank you for your time. >> it is my pleasure as always. i love to come here. i will not say how many of these cups i have. sometime at night the ice cream is in there when i'm not supposed to. >> will make sure you get some mor
CSPAN
Mar 14, 2013 5:00pm EDT
to this moment. a year and a half ago, there were negotiations in washington over what we call the debt ceiling. the debt ceiling must be lifted by us in congress if the federal government cannot pay its bills and we must borrow more to give that authority to the administration. that negotiation ended with three outcomes. first, congress would cut spending by an amount greater than the rise in the debt ceiling. second, a super committee would be formed to negotiate the right type of tax reform and the right type of spending reduction. third, automatic spending cuts, now known as the sequester would take place -- this was proposed by the president and agreed to us by us in congress -- if the super committee failed. these automatic cuts to the budget was supposed to be so distasteful that it would motivate us all to find solutions to fix the budget crisis. but the super committee failed. now the sequester has kicked in. mr. speaker, 70% of americans want this deficit reduced. i imagine those numbers are probably higher in nebraska where i live where fiscal responsibility is the core characteristi
FOX News
Mar 14, 2013 2:00am PDT
ceiling but during an interview with abc he said the u.s. doesn't have an immediate debt crisis. >> have an immediate crisis in terms of debt. in fact for the next ten years it will be in a sustainable place. >> that is a startling different stance than we heard from the president during his 2008 campaign. >>> number 43 added $4 trillion by his loan some so we have over $9 trillion of debt that we are going to have to pay back. 30,000 dollars for every man, woman and child. that's irresponsible. it's unpatriotic. >> republicans kararen't takinge comments likely. they approved paul ryan's blue print plan that would balance a budget in a decade with $4.6 trillion worth of cuts. the house will consider it on the floor next week. republicans say the debt needs to be handled with more urgency. >> my view is, i think he and many like him, many democrats on capitol hill for that matter don't think of this as a debt crisis because things haven't imploded yet. it's not a question of if it's a question of when. >> on wednesday patty murray has a plan that leaves the country $556 billions in shortf
FOX News
Mar 10, 2013 1:00pm PDT
, to deal with the debt ceiling, the continuing resolution, so we have a real budget plan. >> that is what we want. i think the american people want. >> the white house announced they want a grand bargain by the end of july when the next debt ceiling vote is due. now county that is what we all want. >> what will they do to get there? >> they will have to reform medicare. that is the biggest driver of our annual spending and debt and medicaid and talk about social security. the proof is in the pudding. the president has never brought this up in a constructive way. >> if you look at simpson-bowles is it that offensive if you raise the retirement age so it is in sink with longevity. >> you means test social security and medicare, you raise the retirement age, you fix the cpi on social security, and you show some flexibility on tax reform and raising or lowering rates to try to have a seamless system. >> you have $650 billion in tax hike, will that get anymore, congressman? >> he may get revenue hikes by tax reform. >> he has not been willing to talk about it. the republicans are not eager to
CNBC
Mar 12, 2013 1:00pm EDT
through the debt ceiling, the sequestration, a bit of volatility, but i think the summer into the fall will be good illustrates kenny, thank you very much, as always. >>> does the biggest etf player believe in this rally? we have 3.7 trillion dollars worth of advice from one of blackrock's top strategists. that's coming up in the next half hour. >>> merck moving up, an independence monitoring board has allowed it to continue its trial on the safety and effectiveness of the blockbuster vytorin. and there you see the stock. pfizer moving a bit lower, the fda said the zmax can cause a heart. >>> dialing up the heat, at&t announcing consumer and corporate presales of the new blackberry z-10 phone opening today. it comes ahead of samsung's much anticipated release of the latest galaxy phone. blackberry shares up 25% so far this year -- well, actually about 20%, according to that chart at 14.30, a bit lower right now by about 60 cents today. jon fortt is at an at&t store out in the valley, silicon valley, that is. jon? >> reporter: yeah, here in palo alto in high hopes both that at&t and at
CSPAN
Mar 15, 2013 6:00am EDT
to this debt ceiling debacle led to the first downgrading of american credit in the history of this country. we have a president who refuses to put a single plan on paper that addresses the deficit spending, entitlement reform, those are inexplicable. he is willing to do a photo op with he's more than willing to do a theo op to talk about 1% of total annual budget. if the president is word about overtime pay for capital janitors, i say what about the stagnant wages of millions of american workers? what? americans resigned to food stamps? what about small businesses and homeowners that cannot get loans because of dodd-frank? what about more than 20 million americans who cannot get full- time work due to the most anemic recovery since the great depression? mr. president, your plan to tax and spend our nation to l asperity will fai spectacularly as the economics you have borrowed from john maynard keynes. thes be clear about what is crux of the debate in washington. americans will surrender to the creation of a massive welfare states in the image of western europe. thequarrel is not with legitimat
Current
Mar 11, 2013 3:00pm PDT
. do people just get tired of all of these numbers from sequestration to budget to debt ceilings? i'm tired of it so i would imagine the average voter is tired of it too. >> right. i mean what -- what this does i think -- and this can be shown clearly by the democrats, look we have conference calls all today tomorrow on the ryan budget. this hurts the economy right. we just had great job numbers, things are moving up if we can forge a grand bargain, and put this stuff together, in my view then we continue this economy. my sense of this is -- and hopefully we can do that and i think it's a win-win for democrats. the economy gets better. folks say look obama's plan worked. these guys deep six any kind of agreement and you lose the 750,000 jobs this year that the economists are predicting then the republicans get stuck being the extremist party. >> michael: alex tell me, though, as we talk about budgets, campaign and spending, what is the latest on organizing for action? will it be up and running in time to make a difference on the budget? >> well, that's sort of
FOX Business
Mar 11, 2013 6:00pm EDT
. harrisburg, california. more default risk on at least the federal level. we have the national debt ceiling. it just keep raising the money. gerri: one other topic. it's a story that i have been just so excited about. john paulson, remember him, the hedge fund manager that may sum much money betting against us, our mortgages. he has billions of dollars. he is moving to prick rico because they have this new role for new residents, you don't have to pay capital gains taxes, u.s. taxes, any taxes from pr. tubes. are your clients saying, hey, get me out of this tax situation? >> is very interesting to sit there and think you can pick up and leave the united states. the big issue is are you ready to revoke your citizenship and all the benefits that go with that? when you look at the super rich they have that ability. if they are planning to sit theee and run off into the sunset, that's a viable option. for people making 400,000 to a million, which are considered wealthy individuals, that type of planning is not point to be realistic. >> if you're in part rick you keep your citizenship. the taxes
FOX News
Mar 11, 2013 3:00pm PDT
to increase taxes. in any way, shape or form, that president has his tax increases already. from the debt ceiling deal. fiscal cliff. and democrats looking at paul ryan's budget which starts by repealing obamacare. >> which is why we are not going to get a bargain, grand or small. it won't happen. we have have an administration that is not interested in what the country needs reform and entitlement, tax reform and cuts. republicans who insist on that. that will only be resolved in elections at the mid-term or elections in 2016 -- >> allow me. >> fortunately there is -- unfortunately there is no other way. >> i think there are lots of republicans who do think that paul ryan thing, eliminate obamacare is not realistic and are interested in a deal with obama. boehner's leadership would be at stake. mcconnell has the own issues making any deal with obama. a lot of senators you saw coburn is one of them and mccain sat by his side at the jefferson hotel interested in proving that republican are about the people, too. >> i understand that, too. but what will obama offer? that is the question. >>
PBS
Mar 15, 2013 6:00pm PDT
sense. i'm certain about washington whose fiscal cast fee these debt ceiling and overnight things that's had an unnerving effect on investment investment. if we could stop that. >> aren't you guy who championed the search, infrastructure education. where is that coming from? >> i'm not talking about doing all that stuff. i'm talking about -- >> woodruff: i'm out of this. have at it. >> that's not be dysfunctional. you can have good government, i'm all for that but let's not have dysfunctional government which has been so unnerving. >> do you know anybody who has spent as much -- >> yes, i know -- >> who is running on that ticket. okay you had another question. >> woodruff: i'm going to wrap this up by asking you about the pope. the catholic church has chosen a new leader, francis of argentina, jesuit, somebody who is a humble person. >> he was thrilled. i found his humanity enormously appealing. i love the fact he has spoken about income and equality, about the thin of the misappropriation in society where people are poor that's an offense against common decency. it's a little bit li
CSPAN
Mar 10, 2013 7:00am EDT
in the sand over the debt ceiling, which is going to be the next big deadline. the next big deadline will be the debt ceiling with john boehner repeating he wants to see a dollar in spending cuts for every dollar in increase. people are going to start hearing more about the debt ceiling. it is probably going to kick in in july and august. host: 1 deadline we are watching is march 22. that is the continuing resolution. it is only in a couple weeks. guest: think everyone is tired of fiscal fight here in washington so there seems to be sentiment to move that forward to not try to completely undo the sequester. part of that may be modifying it, paying in particular for the military. having said that, sometimes these things have a way of becoming showdown's at the last minute. it does not look like we are heading in that direction. host: every time they go in there and tinker with the sequestered they get more flexibility. the greater the likely this questor stays in place. that is less reason to say these cuts are painful. if the government has the ability to place these cuts with some f
CSPAN
Mar 11, 2013 12:30am EDT
cliff deal. he also renewed the line in the he also renewed the line in the sand over the debt ceiling, which is going to be the next big deadline. the next big deadline will be the debt ceiling with john boehner repeating he wants to see a dollar in spending cuts for every dollar in increase. people are going to start hearing more about the debt ceiling. it is probably going to kick in in july and august. host: 1 deadline we are watching is march 22. that is the continuing resolution. it is only in a couple weeks. guest: think everyone is tired of fiscal fight here in washington so there seems to be sentiment to move that forward to not try to completely undo the sequester. part of that may be modifying it, paying in particular for the military. having said that, sometimes these things have a way of becoming showdown's at the last minute. it does not look like we are heading in that direction. host: every time they go in there and tinker with the sequestered they get more flexibility. the greater the likely this questor stays in place. that is less reason to say these cuts are painful
CNBC
Mar 13, 2013 6:00am EDT
with the debt ceiling. if i don't get what i want, i'm blowing up the building. >> the market doesn't care what's happening in washington. >> that's right. washington is making its irrelevant. >> the market has voted those guys irrelevant. >> right. >> why -- i think they do care. i think they were worried washington would do something even worse. and so i think getting through the mine field and nobody, nothing incredibly terrible happened. actually is what is reducing the risk premium and causing the market -- >> not to mention the economy is improving, which means tax revenue is coming in and spending cuts have been made to this point that some people say are significant. >> the deficit has been reduced very significantly. not in a way that anybody thought was particularly intelligent. but it's happened. >> you're starting to see capital expenditures. capital spending even at that level, people, it's business confidence. these events that were really scary are now behind me. what does it mean to me? i'm going to go ahead and invest. >> the one and only question is for everybody who has been
CNN
Mar 12, 2013 10:00am PDT
to raise the nation's debt ceiling. you saw it raining earlier here in washington as the president was outside. they've got some major issues that they've got to work out. there's going to have to be some compromise on both sides whether increasing tax revenues what the president and democrats want or cutting entitlement spending which is what the republicans by and large want. they're going to have to come up with some formula. my own sense is, i have covered washington for a long time, it's bettor start talking to each other than instead talking at each other. and the president's doing impressive term offensive work this week. even as we speak, he's heading to the hill to meet with democratic leadership, ranger and file as well, and republican rank and file as well. >> used to be folks would go out to dinner, have drinks, chat, negotiation, and that casual way. it doesn't seem to be happening much these days. thank you. good to see you. >>> tsa closing hundreds of air traffic control towers. what one of the nation's most recognizable pilots has to say about all of this. we'll hea
CNN
Mar 13, 2013 8:00am PDT
, early august. that's when the nation's debt ceiling has to be raised once again and if they don't do it by then, america's crededy worthiness could be endangered once again, a reduction in america's credit rating. there's a lot to discuss. >> you are a hopeful, hopeful man, wolf blitzer. charm is always a good thing. we will see how far charm takes the president with the ideas so die metically opposed. you can join wolf this afternoon as we go inside the tsa's secret store room, on "the situation room" today at 4:00 eastern time. >>> she, of course, came into our lives as a strong and independent rhoda on "the mary tyler moore show." valerie harper is showing us how to face the end of life gracefully and completely and with such courage. [ nyquil bottle ] you know i relieve coughs, sneezing, fevers... [ tylenol bottle ] me too! and nasal co [ tissue box ] he said nasal congestion. yeah...i heard him. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. a body at rest tends to stay at rest... while a body in motion tends
CNN
Mar 11, 2013 10:00am PDT
knowing that by the end of july they have to raise the nation's debt ceiling once again. and we don't want to go through that whole bruising battle because it's only potentially going to further undermine u.s. credit worthiness, if you will. maybe lower the credit rating of the united states. so let's hope we don't have to live through that issue once again. >> yeah. i hear you. all right. wolf, thanks. we'll be watching you in "the situation room" later today. appreciate it. and of course we are also following this story, women making up 50% of the country, right? but less than 20% of congress. nancy pelosi is weighing in on what women want in washington. she is going to be with wolf in "the situation room" at 4:00 eastern today. and speaking of what women want, one makeup millionaire found out that making choices, sticking to them keeps her life on track. [ sniffles ] [ female announcer ] for everything your face has to face. face it with puffs facial tissues. puffs has air-fluffed pillows for 40% more cushiony thickness. face every day with puffs softness. a brand new start.ay your chan
CNBC
Mar 12, 2013 7:00pm EDT
, certainly the debt ceiling will not be approached. so maybe washington is helping the stock market. >> well, you've got a little bit of certainty and a narrow window. and i think more important than any of that certainty right now, larry is that the federal reserve is still there spending that $85 billion a month. katy barred the door when they stop spending. until then, i think you've got to be short term bullish, the trends you're friends. you don't fight the feds, you don't fight the tape. i think this thing is going higher. when they stop, i worry, because the real organic growth, i don't think, is there. and i love jack pa reduce and he knows it. >> jack, one point i want to make, putting the fed aside, i think profits are the mother's milk of stocks accide, not the reserve. but jack, if the economy grows faster than people expect, medium and long-term interest rates will rise. that's the real interest rate effect. that won't hurt stocks. that actually might help stocks. >> well, eventually we've got to see that rotation, larry. look, we're looking at these low interest rates. they're
CNBC
Mar 15, 2013 4:00pm EDT
half of the year, you are going to see a pickup, once you get through sequestration and debt ceiling and all those kinds of things. >> any thoughts on the banks, given what we saw last night? >> i was very impressed with the banks, in terms of the performance, and i still think those stocks are very cheap. a lot of stocks trading below tangible book value at this point. >> they are. >> they've really underperformed the market this year. and everything that's happened today is positive for them. >> after a great year last year. everybody, thanks so much. appreciate your time today. see you soon. nothing lasts forever, and that is certainly true with the dow's ten-day winning streak, which came to a halt today. kayla tausche recapping the week along with the winners and losers. over to you, kayla. >> the dow rally came to a halt today, ending that ten-day streak, and down the first friday of 2013. still, a solid week overall for stocks. the dow and s&p posting gains of less than 1%. the nasdaq was up slightly as well, but the headlines were really made when we hit those record market h
FOX News
Mar 9, 2013 3:00pm PST
by midsummer. so we don't have another problem overt debt ceiling. i think that's going to happen. americans can see that we are in the right path and with the job numbers continuing to increase, housing prices increasing, the stock market increasing, making americans more confident -- >> arthel: all right. >> i think we're going to continue on the path forward. >> arthel: all right. i wanted to give you a chance to finish that. but kind of shorten those talking point lists for me 'cause i got to go here. don't smile too much, matt. here comes the republican side. the poll approval rating for republicans in congress, let's take a look at that. yeah. so in february, december, the approval rating was 23%. and in february it's 20%. the disapproval rating currently in february taken last week is 71%. disapproval rating of the republicans in congress. let me take a look at the electricity at thats and i'll get to -- democrats and i'll get to my question. disapproval rating, 60%. basically people were just pretty much over everybody in congress. but getting back to you, matt, in this situation wit
FOX News
Mar 12, 2013 6:00pm PDT
: what about when we hit the debt ceiling? because at that point the congress has the power of the purse. would you have the power at that point? >> so that's why we have a budget process, right? so our budget process, that our budget proposes to repeal that, patty murray i'm glad she's doing a budget and proposes a budget that raises taxes and never pass as budget, but the first time four years in the senate, that gives a pros cess where we can look at the spending in government and that's what the debt limit is about. by doing a budget process which we haven't done for four years, we can look at all government spending. right now with the continuing resolution, that just looks at a small slice of the pie, what we call discretionary spending which does not deal with the vast majority of obamacare spending. >> sean: all right. let me ask maybe the question another way. is there another way, assuming the senate and a radical agendaed president are never going to go along with repealing obamacare. is there a way that the house will ultimately be able to get that done? >> well, you'd have t
FOX News
Mar 13, 2013 6:00pm PDT
to shove here, the continuing resolution or the debt ceiling, but at some point, it's either symbolic or they have to be willing to shut down the government. his answer to me was that the full faith and credit of the united states would be in jeopardy and my answer to him was, wait a minute, we take in 2.7 billion our obligations could be paid for seniors and the military and our debt service, who is right? >> you're right because boehner is repeating what obama says. the bottom line is this, the debt is the interest on the debt that is due. we bring in far more money than is required to pay the interest on the debt to cover social security and medicare, to cover the military and the vets. >> sean: all right. >> and what he's talking about and boehner is doing is paying for all the rest of the stuff. >> sean: by the way, you look good, great one. you lost some weight and you're working out and you look like you're ready to go in ufc boxing which you love so much. >> i love the ufc. god bless you. thank you, buddy, you're looking pretty good yourself in a manly kind of way. >> sean: ge
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